Latest / Investopedia Markets News (all except PF)
New Bill Would Lower the Age Blue-Collar Workers Could Receive Social Security Benefits
A new bill would lower the Social Security retirement age for workers in physically demanding jobs.Credit: Michael Nagle / Bloomberg via Getty ImagesKEY TAKEAWAYSA new bill proposes lowering the Social Security retirement age to 60 for workers in physically demanding jobs.Eligible workers must work at least eight months per year in jobs that physically diminish their ability to work.Experts warn that reducing the retirement age could worsen Social Security’s financial challenges, with benefits projected to be cut in 2032.Construction workers, roofers, and butchers could claim Social Security…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.